Applied Managerial Economics Unit 1 IP

Question Description

“Your list provided the basis for a good conversation about the manufacturing operations,” he says. “We want to know more about the economy of both countries to further inform our decision-making process.”

“That makes sense,” you say. “The United States and South Korea hold many distinct economic factors that may affect AutoEdge’s long-term financial performance.”

“Right,” he says. “Your research on the two economies will give the board enough information so we can advise the new, incoming CEO.”

“What should my research include?” you ask.

“In your research, you must take into consideration several macroeconomic factors,” he says. “We want to seeinformation about the gross domestic product (GDP), unemployment, interestrates, and inflation for both the United States and South Korea. Make sure yourresearch is current; that is, no more than 6 months old.”

1,000-1,200 words, including research in essay format.

Reference attached for scenario information.

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